Nigerian billionaire Tony Elumelu, known for his significant influence in the nation’s business sector, particularly in…
Category: Prospects & Challenge
Afreximbank, APPO to Help Establish the African Energy Bank
Afreximbank and the African Petroleum Producers Organization (APPO) are working together to establish the African Energy…
Africa to be $2.5 Trillion Short of Climate Finance by 2030, UN Says
A UN official said that Africa will be $ 2.5 trillion short of the finances it…
Here is How Much Nigerians Are Spending on Powering Everyday Appliances
Data from the Office of the Special Adviser to President Bola Ahmed Tinubu on Energy has…
Oil Prices Increase After OPEC+ Extends Output Cuts
Oil prices increased slightly on Monday, March 4, following the widely expected extension of voluntary output…
Eskom to Curb Loadshedding by Unbundling into Separate Firms by Mid-2024 –Report
In a bid to tackle the age-long power crisis in the country, South Africa’s power utility…
Nextier’s Power Dialogue: Stakeholders Outline Pathways to Achieving Nigeria’s Climate Commitment
On February 21, 2024, the Electricity Hub, a subsidiary of the Nextier Group, hosted its 91st…
House of Reps Launch Investigation Into National Grid Collapses
Nigeria’s House of Representatives has taken a decisive step to address the recurrent collapse of the…
Clean Energy is Revolutionizing Climate Action and Sustainable Development
Energy is at the main front of protecting the planet; clean energy is crucial in solving…
Despite Electricity, Forex Challenges, Africa Records 40% of Investments in Greenfield MegaProjects in 2022 – AfDB
In its January 2024 report on Africa’s economic performance and macroeconomic outlook, released February 16, 2024,…